IVF's Conflict Materials Policy
“Conflict minerals” originating from the Democratic Republic of the Congo (DRC) Are sometimes mined and sold by armed groups to “finance conflict characterized by extreme levels of violence”. Some of these minerals and the metals created from them (such as tantalum, tin, tungsten and gold) can make their way into the supply chains of the products used around the world, including those in the electronics industry. Industrial Valves & Fittings, Inc. (IVF) suppliers acquire and use minerals from multiple sources worldwide. As part of IVF’s commitment to corporate responsibility and respecting human rights in our own operations and in our global supply chain, it is IVF’s goal to ensure the use of tantalum, tin, tungsten and gold in our products that are ”DRC conflict free” while continuing to support responsible in-region mineral sourcing from the DRC and adjoining countries.
IVF expects our suppliers to have in place policies and due diligence measures that will enable us to reasonably assure that products and components supplied to us containing conflict minerals are DRC conflict free. IVF expects our suppliers to comply with the Electronic Industry Citizenship Coalition (EICC) Code of Conduct and conduct their business in alignment with IVF’s supply chain responsibility expectations.
In Support of this policy, IVF will:
- Exercise due diligence with relevant suppliers consistent with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas and encourage our suppliers to do likewise with their suppliers.
- Provide and expect our suppliers to cooperate in providing, due diligence information to confirm the tantalum, tin, tungsten, and gold in our supply-chain is DRC conflict free.
- Collaborate with our suppliers and others on industry-wide solutions to enable products that are DRC conflict free.